KKR Real Estate Finance Trust (KREF) Provision for Losses (2020 - 2026)
KKR Real Estate Finance Trust (KREF) reported Provision for Losses of $1.38 million for Q3 2026, up 41.6% from $975,000 a year earlier but down 98.2% from the prior quarter.
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Analysis
KKR Real Estate Finance Trust (KREF) Provision for Losses (2020 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, KKR Real Estate Finance Trust's Provision for Losses came in at $193.71 million, up 141.2% year-over-year; for FY2025, it came in at $119.4 million, up 48.1% from FY2024.
- Provision for Losses has a five-year compound annual growth rate of 18.9% (FY2020 to FY2025).
- By year, Provision for Losses came in at $80.61 million in FY2024 (-54.0%), $175.12 million in FY2023 (+55.8%), $112.37 million in FY2022 and -$4.06 million in FY2021.
- Five-year quarterly Provision for Losses spans a low of -$3.06 million in Q4 2021 and a high of $80.6 million in Q3 2022.
- Year over year, Provision for Losses has now increased in each of the last four quarters, with growth averaging 240.3% over the last eight quarters.
- The high point for year-over-year Provision for Losses in five years was Q2 2025 (growth of 996.8%); the low point was Q3 2025 (a decline of 97.4%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $75.09 million (Q2 2026), $73.54 million (Q1 2026) and $43.7 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Provision for Losses (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | - |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | - |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | - |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | 1.27 Bn |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | 259.36 Mn |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | - |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | - |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | - |
| 10 | KKR Real Estate Finance Trust | 308.52 Mn | -98.81 Mn | - | 1.38 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.38 Mn |
| Jun 30, 2026 | 75.09 Mn |
| Mar 31, 2026 | 73.54 Mn |
| Dec 31, 2025 | 43.70 Mn |
| Sep 30, 2025 | 975,000.00 |
| Jun 30, 2025 | 49.85 Mn |
| Mar 31, 2025 | 24.90 Mn |
| Dec 31, 2024 | 4.59 Mn |
| Sep 30, 2024 | 38.20 Mn |
| Jun 30, 2024 | 4.55 Mn |
| Mar 31, 2024 | 33.30 Mn |
| Dec 31, 2023 | 49.50 Mn |
| Sep 30, 2023 | 8.81 Mn |
| Jun 30, 2023 | 56.34 Mn |
| Mar 31, 2023 | 60.50 Mn |
| Dec 31, 2022 | 21.17 Mn |
| Sep 30, 2022 | 80.60 Mn |
| Jun 30, 2022 | 11.80 Mn |
| Mar 31, 2022 | -1.22 Mn |
| Dec 31, 2021 | -3.06 Mn |
API Access
KKR Real Estate Finance Trust Provision for Losses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=provision-for-losses&ticker=KREF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "provision-for-losses", "ticker": "KREF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=provision-for-losses&ticker=KREF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();